1.   Others said selling has continued as fund managers have had to raise cash to meet redemptions and individuals have had to close out positions due to margin calls.

2.   The market is still bearish, he continued, so selling continues on any upticks on strength.

3.   Despite the denial, selling continued.

4.   Traders and analysts in Shanghai said they expected selling to continue through the week.

5.   Arbitrage-linked selling also continued depressing market sentiment, although futures-linked buying recouped some of the earlier losses near the close, brokers said.